Cheap petrol scheme delayed until IMF concerns are resolved: Musadik Malik
ISLAMABAD: Minister of State for Petroleum Musadik Malik on Wednesday stated that the implementation of the cost-effective petrol scheme has been delayed...
Explainer: How did the government cut diesel by Rs30?
Did we just forgo an opportunity to alleviate some of PSO's problems with receivables?
Oil prices climb as recession fears begin to fade
Oil prices rose on Monday as fears of a recession in the US, which drove prices down for three straight weeks for...
Exclusive: India considering allowing foreign investment in nuclear power
India is considering overturning a ban on foreign investment in its nuclear power industry and allowing greater participation by domestic private firms,...
OMCs seek reduction in minimum tax to counter falling margins
Oil marketing companies (OMCs) are reportedly seeking a revision to the Income Tax Ordinance 2001 to reduce the burden of taxation on...
Stung by smuggling, Attock Refinery reducing capacity to 25pc for five days
The refinery disclosed the information to the Pakistan Stock Exchange (PSX) and investors early on Thursday morning.Â
Dar rejects news about OGRA’s petrol-price reduction recommendation
ISLAMABAD: Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Tuesday rejected reports that the Oil and Gas Regulatory Authority (OGRA)...
‘Govt to build multibillion-dollar refinery to meet energy needs’
Pakistan's Minister of State for Petroleum, Musadik Malik, on Friday announced the government's plan to build a new refinery to meet the...
ECC approves grant of production lease to United Energy Pakistan Beta
Petroleum division is taking measures on a fast track basis where various exploration and development activities are underway
Load shedding expected to increase in coming months
LAHORE: Well placed sources in the Lahore Electric Supply Company (LESCO) have claimed that the city will face increased power outages in...
IPP’s warn of impending power crisis due to forex shortfallÂ
The country’s power sector is on the brink of crisis with payments worth $710 million due
NEPRA makes electricity more expensive
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has increased the price of electricity by 46 paise per unit under the quarterly...
Russia starts fuel exports to Iran by rail
MOSCOW:Â Russiastarted fuel exports to Iran by rail this year for the first time after traditional buyers shunned trade with Moscow, according to...
Court interventions and share price manipulation: What is going on at Tristar Power?
Complications and legal violations delay, and possibly avert, electricity producer Tri-Star Power Ltd’s potential acquisition by Turkish investors
Increase of Rs2.8 per unit for power consumers!
ISLAMABAD: The government has decided to impose an additional surcharge on power consumers in accordance with this the Ministry of Energy Power...